Research

For Boston commercial real estate, there is no substitute for accurate and timely market intelligence. Lincoln Property Company's in-house Valuation and Research departments advise clients on the constantly changing commercial real estate environment, helping them make quick market decisions, or plan long-term strategy. To start receiving our research group’s publications, please click here.

  • Boston Office

    • RSF71,478,750 SF
    • Direct Vacancy7.1%
    • Total Availability12.5%
    • YTD Absorption234,650 SF
    • Avg.Rent$54.62/SF

    Boston’s direct vacancy rate increased slightly to 7.1% this quarter. Quarterly absorption was negative, however market fundamentals remain extremely strong and the negative absorption was caused by singular market events.
    Boston Report.pdf »

  • Cambridge Office

    • RSF10,809,900 SF
    • Direct Vacancy1.5%
    • Total Availability7.2%
    • YTD Absorption1,750 SF
    • Avg.Rent$63.69/SF

    Cambridge is approaching record levels in both the office and lab markets. Vacancy rates are becoming difficult to track because available space is quickly absorbed and rates are below 2.0% for both markets.
    Cambridge Report.pdf »

  • Route 128 Office

    • RSF60,093,000 SF
    • Direct Vacancy10.5%
    • Total Availability16.2%
    • YTD Absorption295,400 SF
    • Avg.Rent$26.81/SF

    Route 128’s direct vacancy rate settled at 10.5% by quarter’s end. The market recorded just over 337,000 square feet of annual absorption, its seventh consecutive positive year.
    128 Report.pdf »

  • Interstate 495 Office

    • RSF42,456,000 SF
    • Direct Vacancy15.2%
    • Total Availability21.6%
    • YTD Absorption440,500 SF
    • Avg.Rent$20.09/SF

    Interstate 495’s direct vacancy rate dropped to 15.2% at the conclusion of the first quarter. The market has achieved its highest occupancy point since the Dot-com boom.
    495 Report.pdf »

  • Cambridge Lab

    • RSF14,109,500 SF
    • Direct Vacancy0.6%
    • Total Availability5.0%
    • YTD Absorption(13,050) SF
    • Avg.Rent$73.81/SF

    Cambridge is approaching record levels in both the office and lab markets. Vacancy rates are becoming difficult to track because available space is quickly absorbed and rates are below 2.0% for both markets.
    Cambridge Report.pdf »